THE OPPORTUNITY We are seeking an Investment Fellow to join our team and play a pivotal role in the build out of ACIF and its early investments. The fellowship is a 2-year role for alumni of the Mastercard Foundation Scholars Program. It is possible, though not assured, that following the fellowship, fellows may be offered roles in the ACIF team or other teams within the Foundation, based on performance and available opportunities. The fellowship offers the opportunity for recent graduates to gain experience analyzing and executing investments in African champions and committing to funds managed by African general partners. More specific responsibilities include: Investment analysis Analyzing investment opportunities by building financial models, assessing historical performance and drafting investment memorandums Assessing fund managers by reviewing historical performance, pipelines and investment strategies Developing valuations, refining investment cases, forecasts and sensitivity analyses Creating quarterly reports on the performance of funds and portfolio investments Conducting desktop research on macroeconomic conditions in the markets in which ACIF invests, on priority investment sectors and specific to investment opportunities identified by the team Working with financial, legal, tax, and impact advisors in conducting due diligence of investment opportunities Working with management teams on value additional initiatives Supporting the execution of transaction processes, including overseeing meeting of conditions precedent, and closing Working with management teams to develop and complete reporting requirements Ensuring appropriate reporting by portfolio funds or companies WHO YOU ARE Education & Experience Bachelor’s degree in finance, accounting, business, actuarial science, economics, engineering, statistics, data analytics or an associated field from a recognized institution Mastercard Foundation Scholar Alumni At least 5 years’ experience in a related field Understanding of investment fundamentals, key drivers of major African markets, and risks of operating in complex markets Skills Excellent quantitative analytical skills (financial modeling, financial analysis, etc.) and strong written English communication and presentation skills (including power point, memo writing, etc.) Demonstrated ability to effectively research and assess investment opportunities Analytical skills to interpret complex financial data Flexible, adaptable, and able to manage changing priorities in a fast-paced environment. Comfort with ambiguity and uncertainty Values Professional maturity, sensitivity with different cultures, and impeccable integrity that exemplify the Foundation’s values Team player A partnership approach to working with management teams, co-workers, co-investors and other counterparties Demonstrate a commitment to Mastercard Foundation’s values and vision The Mastercard Foundation values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone. Completion of satisfactory business references and background checks are essential conditions of employment. For more information and to sign up for the Foundation’s newsletter, please visit http://www.mastercardfdn.org/ Follow the Foundation on Twitter at @MastercardFdn The Mastercard Foundation is a registered Canadian charity and one of the largest foundations in the world. It works with visionary organizations to advance education and financial inclusion to enable young people in Africa and Indigenous youth in Canada to access dignified and fulfilling work. Established in 2006 through the generosity of Mastercard when it became a public company, the Foundation is an independent organization separate from the company, with offices in Toronto, Kigali, Accra, Nairobi, Kampala, Lagos, Dakar, and Addis Ababa. Its policies, operations, and program decisions are determined by the Foundation’s Board of Directors and leadership. Learn More The Foundation operates within the Indigenous communities in Canada to deliver on our EleV strategy and bold goal of enabling 100,000 Indigenous youth to complete their education, access economic opportunities and drive meaningful change in their communities by 2030. Across Africa, the Foundation’s Young Africa Works strategy aims to spur systemic change to enable young people the opportunity to find meaningful work that is dignified and fulfilling. The Young Africa Works strategy sets out an ambitious goal for the next decade: by 2030, our work will enable 30 million young people in Africa, especially young women, to secure employment they see as dignified and fulfilling. These programs are in partnership with the relevant government entities, communities, institutions, and individuals – ensuring that the Foundation delivers on its mission of collaboration and co-creation with those whose voices need to be heard the most, and can be change agents for themselves, their families, and communities. Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. We are ambitious and driven. Our values transcend and rise above everything else as our guide. We encourage you to bring your bold ideas, curiosity, and expertise to your work. We laugh at ourselves and with each other. We are a team. Our journey together makes our impact even more meaningful. Learn More